$BTC

📈 #Bitcoin: Where Are We and What to Expect? 🚀

The price of BTC remains in the spotlight, with volatile movements keeping the market on edge. After surpassing $60K, investors are asking: new highs or a forthcoming correction?

🔹 Key Factors Driving BTC:

✅ Institutional: Approved ETFs in the U.S. continue to accumulate Bitcoin, increasing demand.

✅ Halving 2024: The recent reduction in issuance (less supply = potential price increase in the long term).

⚠️ Risks: Global regulations (e.g., South Korea, U.S.) and miner sell-offs could put downward pressure.

🔸Technical Analysis:

- Key support: $60K (psychological zone).

- Resistance: $65K-$68K (recent highs).

- If it breaks $70K, it could aim for new ATH.

💡 Advice: In sideways markets, use DCA (periodic buying) to reduce risk.

📢 Where do you think BTC is headed? Comment your analysis! 👇

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